Once Tax-Free, Saudi Arabia Starts Expat Levy
Saudi Arabia on Thursday said it had begun taxing foreigners working in the private sector as part of fiscal reforms aimed at coping with a drop in oil revenues. Long a tax-free haven for...
Tag: oil revenues
Oil Revenue Not Understated — GNPC
The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability Committee (PIAC) that oil revenues were understated in 2016, arguing that, monitoring...
Ticket To Europe? Nigeria Girls Lured Into Sexual Slavery
In Benin City, Nigeria's capital of illegal migration, no one says the word "prostitution". The word on the street for the young girls who leave for Italy or France is "hustling". About 37,500...
Price of Saudi Cigarettes Doubles As First Tax Hits
The price of a pack of cigarettes doubled for Saudi Arabian smokers on Sunday under first-time tax measures to help the kingdom cope with a drop in oil revenues. Residents of the world's biggest oil...
Britain’s May In Saudi Arabia Seeking Deals
British Prime Minister Theresa May held talks with Saudi officials on Tuesday, hoping to tap the oil-rich kingdom's "immense potential" as she looks to secure post-Brexit investment and trade. May...
World’s Tallest Building Delayed To 2019
The completion date for the world's tallest tower has been pushed back to 2019, a Saudi Arabian billionaire said Thursday, almost six years after launching the record-breaking project. Jeddah Tower...
Saudi Deficit Plunges After Cuts, Oil Revenue Surge
Saudi Arabia's budget deficit dropped by 71 percent in the first quarter of the year, the government said Thursday, after spending cuts and a major rebound in oil revenues. The world's top crude...
Saudi Budget Deficit Drops 71 Pct In Q1
Saudi Arabia's budget deficit fell by 71 percent in the first quarter of this year, the finance minister said on Thursday, after the kingdom made sweeping spending cuts. The deficit dropped to 26...
132,500 Barrels of Oil Produced Daily In First Quarter
Gross sales volumes of crude oil in the first quarter of 2017 averaged approximately 132,500 barrels of oil per day (bopd). This comprises 82,500 bopd from the Jubilee fields and 50,000 bopd from...
Algerians Vote Amid Anger Over Economy
Algerians will vote for a new parliament Thursday as the government grapples with soaring unemployment and a deep financial crisis caused by a collapse in oil revenues. But despite the urgent...
Algeria Voter Apathy Could Mar Legislative Election
Algerians go to the polls on Thursday to elect a new parliament amid concerns that a low turnout will mar a vote which officials say is necessary to maintain stability. The election comes as the...
Microsoft Creates the World’s First City FONT For Dubai
The Dubai government has announced the launch of 'Dubai Font' - the first typeface developed by Microsoft for a city. The font, which will be available in 23 languages, was developed simultaneously...
Microsoft Creates ‘Dubai Font’ Typeface For the City
The Dubai government on Sunday announced the launch of "Dubai Font", the first typeface developed by Microsoft for a city, which will be available in 23 languages. The font was developed...
A Decade After Oil Discovery! The Bold Steps, the Mistakes, the Lessons, and the Future
A decade after oil discovery! The bold steps, the mistakes, the lessons, and the future When Ghana discovered hydrocarbons in commercial quantities a decade ago in 2007 under the erstwhile Kufour...
The Bold Steps, Mistakes, Lessons, and the Future
A decade after oil discovery: The bold steps, mistakes, lessons, and the future The country appeared to have lost momentum following the 2009 political transition When Ghana discovered hydrocarbons...
ACEP’s Dr. Adam Insults Ghana As They Triple-Dip and Gorge On Free UK Money (1)
ACEP's Dr. Adam insults Ghana as they triple-dip and gorge on free UK money (1) From the point of view of taxpayers, that video is an example of a pointless vetting exercise by a largely ill-prepared...
Government Urged To Operationalise Petroleum Act
The Africa Centre for Energy Policy (ACEP) is urging government implementing the provisions in the Petroleum (Exploration and Production) Act, 2016 Act 919, with emphasis on the award of oil...
Full Text, Minority’s Press Statement On Nana Addo’s First 100 Days
ONE HUNDRED DAYS OF DECEPTION, THUGGERY, CORRUPTION AND OSTENTATION - AN ASSESSMENT OF THE AKUFO-ADDO GOVERNMENT SO FAR BY THE NDC MINORITY IN PARLIAMENT ON TUESDAY 17TH APRIL, 2017. Honourable...
We Cannot Wait For Four Years
We cannot wait for four years - NDC The opposition National Democratic Congress (NDC) says it cannot wait for four years to elect another president whilst President Nana Addo Dankwa Akufo-Addo and...
Minority’s Assessment of Akufo-Addo’s 100 Days In Office
ONE HUNDRED DAYS OF DECEPTION, THUGGERY, CORRUPTION AND OSTENTATION - AN ASSESSMENT OF THE AKUFO-ADDO GOVERNMENT SO FAR BY THE NDC MINORITY IN PARLIAMENT ON TUESDAY 17TH APRIL, 2017. Honourable...